Shares of Transition Metals Corp. (CVE:XTM – Get Free Report) were up 62.5% during mid-day trading on Saturday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 1,202,433 shares traded hands during trading, an increase of 647% from the average daily volume of 160,945 shares. The stock had previously closed at C$0.04.
Transition Metals Stock Performance
The business’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The stock has a market cap of C$4.65 million, a P/E ratio of -3.55 and a beta of 1.73.
About Transition Metals
Transition Metals Corp. engages in the acquisition and exploration of mineral properties in Canada and the United States. It explores for gold, silver, copper, nickel, platinum group metal, and palladium. The company engages in various projects, that includes the Thunder Bay, Pike Warden, Saskatchewan, Abitibi gold, Sudbury Area, and other projects.
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